On Jaruary $2.2024,$ the Jackson Company parchased equipment to be usest in its marufacturing process. The equapment has an eximated life of eight yoars and an estimated residual vilue of $$38\mathrm{.}750.$ The expenditures made to accioire the asset were as follows

Purchase price prelept charges

Installation charges

$1co{s}_{\{\begin{array}{ccc}\text{:}[i,& \text{j}\text{i}\text{n}\text{o}& ]\\ i,& sen\end{array}}181500$

Jeckson's policy is to use the double$-$declining$-$balance $($ DDB $)$ method of depreciation in the tarly years of the equipment's life and then switch to straight line halfway through the equipment's iffe.

Required:

Calculate depreciation for each year of the asset's eight$-$year life.

Are changes in depreciation methods accounted for retrospectively or prospectively?

Complete this question by entering your answers in the tabs below.

Calculate depreciation for each year of the asset's eight$-$year life.

$\backslash$table$[[,$Depreciation for the Period,End of Period$],[$Year$,$Accumulated Depreciation,Book Value$],[2024,,\%,,,],[2025,,\%,,,],[2026,,\%,,,],[2027,,\%,,,],[2028,,,,,],[2029,,,,,],[2030,,,,,],[2031,,,,,],[$Total$,,,,,]]$

Pieptinas

Heast